Taking 550 graduating masters students from a keystone university in China as a sample，and analyzing the collected questionnaire data with correlation analysis，regression analysis，exploratory and validatory factor analysis，and SEM，the study explored the relationships between sources of job-hunting stress，personality，emotion regulation strategies，and negative emotions.Results suggested that：sources of job-hunting stress，neuroticism demonstrated significant direct effect on negative emotions.When mediated by neuroticism，sources of job hunting stress also had a significant effect on negative emotions.Effect of emotion regulation strategies was not found significant.Both the direct and mediating effects of emotion regulation strategies were not found significant on negative emotions.Neuroticism had a larger impact on negative emotions than sources of job hunting stress did.